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201109065 is evidenced by Bonower's note dated the same date as this 5ecurity Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on D e c e m b e r 1, 2 0 41 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under pazagraph 7 to protect the s�urity of this Security Instrument; and (c) the performance of Bonower's covenants and agreements under this S�urity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in H a 11 County, Nebraska: The Easterly Sixty (60) Feet of Lot Seven (7), in Block One (1), in Westerhoff's First Subdivision, in the City of Grand Island, Hall County. Nebraska. Parce! ID Number:40U112434 vvluch has the address of I820 PT per St [Street] Gc�nd Isl and [City], Nebraska. 68�03 [Zip Code] ("Prop�rty A�s"); T(�ETHER WITH all the improvements now or hereafter erected on the property, and all �sements, appurtenances and fixtures now or hereafter a part of the property. .411 replacements and additions shall also be coverefl by tfiis Security Instrument. All of the foregoing is refened to in this Security Instrument as the M� M BORROWER COVENANTS that �orrower is Iawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unenctunbered, except for encumbrances of record. Borrower warrants and will defend generally the ritle to the Properiy against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variarions by jurisdicrion to consritute a uniform se,curity instrument covering real progerty. Uniform Covenants. Bonower and Lender covenant and agr� as follows: 1. Payment of Principal, Interest and Late Charge. Borrower sha11 pay when due the principal of, and interest on, the debt evidenced by the Note and late chazges due under the Note. 2. Monthly Payment of Taxes, Insurance and Other Charges. Bonower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and spe,cial assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under pazagraph 4. In any year in which the Lender must pay a mortgage insurance premium to the S�retary of Housing and Urban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual FHA Deed M Trust-NE 4l98 VMP Q VMP4RINE) (1709) Wolters Kluwer Financial Services Page 2 of 10